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as this week. >> pope benedict xvi giving his last sunday blessing to a massive crowd in st. peter's square. thanking the faithful before he resigns on thursday. and italians are heading to the polls today in a crucial parliamentary election that could shape their future. italy is one of europe's biggest economies. >> kelly: office depot's acquisition of office max among mergers that have been announced recently. wall street appear to have approved but the mergers must get by the justice department. lately they have made a habit of blocking similar deals. what is going on here? joining us is brenda buttner, anchor of "bulls and bears", and always good to see you. why are we seeing so many of these messager deals taking shape? >> money. there is so much corporate cash on the sidelines that has not been invested. essentially what is happening, i think outside the financial sector, it's estimated there is $1.7 trillion on the sidelines in corporate cash reserves. they need to do something with that money. they are feel more confident. they are going to go on a shopping spree and essentially bu
will discuss pope benedict's legacy and give you a short list of who could succeed him. >> jamie: have you heard of identity theft? there is a new warning about it. we don't want to you get your identity stolen. you are at risk. we will tell you how to protect yourself, coming up in my take charge consumer protection segment. >> eric: drivers are gearing up for the daytona 500, a day after the horrific crash that injured dozens of fans. we'll have the latest, live from the speedway, ahead. (crickets c) bill: you might just wanna trade that one in. ♪music announcer: the spring fishing classic starts this weekend at bass pro shops. during our reel trade-in sale save up to $100 more on a new reel when you trade one in. morning, boys. so, i'm working on a cistern intake valve and the guy hands me a locknut wrench. no way! i'm like, what is this, a drainpipe slipknot? wherever your business takes you, nobody keeps you on the road like progressive commercial auto. [ flo speaking japanese ] [ shouting in japanese ] we work wherever you work. now, that's progressive. call or click today. is bigg
daytona. >>> pope benedict xvi gave his final blessing at the vatican before his resignation, officially stepping down on thursday. alex savage is live with more on some of the controversy surrounding the process to find his replacement. alex? >> reporter: the church's sexual abuse scandal could certainly play a role in the selection process moving forward. today, catholics around the world and here in the bay area are honoring pope benedict xvi as he steps down just days later on this week. earlier on this morning, the outgoing pope gave his final blessing at the vatican. >> yes, guys, they are right there. >> the 85-year-old spoke from his studio window addressing a huge crowd that packs st. peter square. estimated at roughly 100,000 people. the pope spoke in a clear, strong voice thanking the faithful for their closeness and affection and tried to reassure catholics that he is not abandoning the church. he'll be stepping down on thursday. the first pope to do so in 600 years. and then soon the search for the next pope will begin. a conclave of 120 cardinals will vote in vote on benedi
the final blessing of pope benedict. the 100,000 people on hand got the blessing and heard the hope give more reasons. he told the crowd that god told thime live a life of more prayer and medication. the 85-year-old pontiff said god asked him to live his life with the same dedication but in a way more appropriate for his age and strength. >> gratitude, expression and prayer. >> very happy to hear that he is not going away from this and that he is going to be in prayer. i was moved to hear those words from him. >> i was very grateful y. have seen the pope before. now i am grateful to see the pope for the last time for now. >> reporter: this very joyous event played out against background of news scandal. headlines about priests accusing scottish cardinals of inappropriate behavior going back some 30 years. those priests and the former priests want cardinal o'brien to resign immediately before he comes here to vote for the new pope. a papal spokesperson says the pope will be informed about the matter and the vatican will issue a statement tomorrow morning. >>> pope benedict will make his l
. >> plus pope benedict retires in a few days. as he prepares to leave there's one more scandal overshadowing the vatican. almost tastes like one of jack's cereals. fiber one. uh, forgot jack's cereal. [ jack ] what's for breakfast? um... try the number one! yeah, this is pretty good. male announcer ] over a third of a day's fiber. fiber one. ♪ shimmy, shimmy chocolate. ♪ shimmy, shimmy chocolate. ♪ we, we chocolate cross over. ♪ yeah, we chocolate cross over. ♪ [ male announcer ] introducing fiber one 80 calorie chocolate cereal. ♪ chocolate. >> welcome back, everybody. good morning. we are starting this half-hour off with a quick look at the weather. here's lisa argen. >> good morning to you. this is a live look at emeryville this morning. some neighborhoods are starting out milder and that's because of the strong northerly winds. it's allowing for the temperatures toasty up near 50 degrees this morning and oakland. in san francisco and elsewhere we are dropping into the 30s from the north and east bay valleys. range from the mid-30s to the lower 50s with clear con
an outpouring of love and admiration for the retiring pontiff. pope benedict xvi, sunday's final blessing as leader of 1.2 billion catholics, and worshippers packing st. peter's square as they prepare for the transition. in the next minute, the pontiff's word to the world. and a bombshell admission from the family of blade runner oscar pistorius, he's up on murder charges and now a family member facing charges for the death of a different woman. fox reports, the new developments on the legal firestorm surrounding the olympic star. and this bartender fired for trying to do what she says was the right thing. >> and simply had a very drunk person leaving the bar, he's going to kill someone. but she lost her job anyway. why? >> i'm harris falkner, first tonight on the fox report, the great american race. the daytona 500 is in the record books. the day began with a series of firsts for nascar racing and ended with a familiar name-- >> for the second time the daytona 500 goes to jimmie johnson, five-time champion. >> harris: jimmie johnson and danica patrick was third entering the final lap, bu
benedict's last audience. he addressed the crowd from the window at the vad can. this will the last sunday from him. look at that crowd. >>> and people at st. francis church in the city had mixed reactions to the pope's resignation today. >> i think they would pick a younger, a younger candidate to take over so he can serve for a much longer time than this one did. >> i've given it soumsome thought, i just think, these are changing times. i just think we have to accept change. >> you know, i'm sorry to hear that the pope is leading. he was a great pope. i'm looking forward to the new pope. i pray for the new pope and the old pope. >> the church cardinals will gather in march to choose the next pope. >>> people who live in newtown, connecticut, are working to archive the tens of thousands of letters and cards of condolence sent. town leaders say about 175,000 pieces of mail came flooding in after 20 children and 6 educa r educators were killed at sandy hook elementary school. archive volunteers hope to put images of the mail online. handwritten notes. organizers say going through the cards
looming over the final days of pope benedict's eight-year long reign. one of britain's top roman catholics says the highest ranking catholic in the united kingdom, kooechleith o'brien voluntarily stepped down after he was accused of "inappropriate acts" by priests. he was not forced out. pope benedict will keep the title, his holiness when he retired and also called pontiff emeritus. i imagine nobody has ever really needed that title before. >> you are absolutely right. here i am near vatican swrar where they are handing out 50,000 tickets, putting up the risers and loud speakers. many catholics are expected to come here. you are absolutely right. this is an unprecedented situation. never in recent memory a pope emeritus. all of the details will need to be worked out. he will wear a simple white cossick after he steps down. in the meantime, the vatican has been in damage control mode. it wants to get past the scandals which have colored the beginning of this week. we know also you mentioned cardinal o'brien, he will not be coming, it is unprecedented that a cardinal will not come here to t
filled st. peter's square for pope benedict's final blessing. four days he will step down as head of the catholic church. the vatican is dealing with new allegations today involving one of its cardinals. anne thompson has more. good morning. >> reporter: good morning, erica. it's a mixture of joy and intrigue here in vatican city. this morning catholics and the curious jammed st. peter's square to hear pope benedict's final blessing. this got not only a blessing but the pope also shed light on why he resigned. god had called him on the mountain to live a life of more prayer and meditation but he wasn't going to abandon the church. the 85-year-old pontiff said that god had had asked him to live this life with the same kind of dedication but to do so more in a way appropriate to his age and strength. now, this very joyous event took place against a background of scandal. there are new headlines in britain this morning, three priests and a former priest accused the scottish cardinal keith o'brien of inappropriate behavior going back some 30 years. they want cardinal o'brien to resign
of benedict's papacy, while scandal and intrigue engulf some of the men who will choose the next pope. even in his final days as pope, scandal continues to dog benedict's papacy and the church. italian newspapers headline rumors of blackmail and conspiracy that the vatican vehemently denies. american cardinal roger mahony has ignored calls to stay home from a conclthat chooses the next pope because of his role protecting abusive priests. scottish cardinal keith o'brien, who commented on mahony's situation last week. >> someone has erred and we have anoth another. >> reporter: today cardinal o'brien resigned after being accused by three priests and former priest of inappropriate behavior going back to the 1980s. ugly headlines that one vatican watcher says will shape the deliberations of the conclave. >> some of this is politics, but other parts of it are the long delayed, reckoning with problems that require facing and correcting in the church. >> reporter: the scandals have left many of the faithful weary. >> i'm a true believer and i hope that catholics will get a better name these days.
earlier today says, once retired the benedict will be known as emeritus pope. he will continue to wear the white and trade-in his famous red shoes. the prada red shoes, for a pair of handcrafted brown loafers out of mexico. why is that important, i wonder. martha: i have no idea. bill: benedict officially retires on 2/28. which is thursday. the first pope to do so in 600 years. martha: italian loafers on one foot and mexican --. going green has some folks in falmouth, massachusetts, is seeing red today. the wind turbines they say not only decreased home values and disrupted people's sleep and making people sick. the community is taking them down after the hubbub it took to put them up. a whole lot of problems for the folks in cape cod. molly line is live from falmouth. good morning, molly. >> reporter: good morning, molly. two turbines that were erected above the falmouth community here in cape cod were intended to create green energy and energy savings. they have created division here in the community. they may be removed at a high cost. that is because neighbors are complaining about
for benedict after he steps down. >>> and later, picture yourself stretched out on this baby. that's right, the biggest yacht on earth, pretty fantastic, worth $1.5 billion, that's billion with a "b." what kind of money does that buy you? we'll take you on a little cruise. we're talking swimming pools, luxury spa. even has its own submarine. [ male announcer ] if you can clear a crowd but not your nasal congestion, you may be muddling through allergies. try zyrtec-d®. powerful relief of nasal congestion and other allergy symptoms -- all in one pill. zyrtec-d®. at the pharmacy counter. but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase your r
sooner than expected. pope benedict xvi is considering a rule change to allow for a vote on his replacement before march 15th. that's the date set by church law which says cardinals should vote on a successor after a vacancy occurs. benedict's last day will be february 28. >>> with fighting in syria showing no signs of easing, the u.s. is providing another $19 million in humanitarian assistance. the money will help provide emergency medical care. the u.n. says nearly 70,000 people have been killed since the assad government fwan a crackdown on the opposition two years ago. >>> more on the story that has the whole world talking, blade runner oscar pistorius spending another night in prison. he is charged with the valentine's day murder of his girlfriend reeva steenkamp. he says it was an accident, that she was an intruder. police investigator says he doesn't believe miss miss waspit acting in self-defense but there is no evidence that is inconsistent with pistorius' story. speaking outside the courthouse pistorius' uncle had this to say about his nephew. >> he's not a violent per
an hour. just hours ago, pope benedict bestowed his final sunday blessing overlooking st. peter's square. he told a crowd estimated at 100,000 people that he will take up a life of private prayer and will continue to serve the church. wednesday will be his last public audience and thursday is his final day as pope. the nation's governor in town for talks this weekend, the deadline and how much it may cost their states is driving the discussion. a democrat, head of the national governors association said he's worried the automatic cuts would send states into recession. >> we are very concerned, particularly the effect on the economy. i think a lot of us feel like after some very difficult years, things are getting a little bit better. unfortunately, this could put us right back where we were. >> my advice to the president, stop the campaigning, stop getting the campaign secretaries to scare your people. do the hard work of governing. >> shannon: senator john mccain's calling on the president to call a summit. and senator lindsay graham is calling on the president to take a pay cut for eve
Search Results 0 to 21 of about 22 (some duplicates have been removed)